Episode 58 | The problem with property data & knowing who to believe | Nerida Conisbee, REA Group

Suburb hotspotting, quarterly property outlook reports & what data to be wary of!

Nerida Conisbee is Chief Economist for the REA Group, which incorporates websites www.realestate.com.au & www.realcommercial.com.au, amongst others. Nerida has more than 20 years of property research experience & appears every fortnight on ABC News Breakfast, every Tuesday on Your Money, & she writes a fortnightly column for The Australian. She updates major government bodies on market conditions & here’s what she shared with us:

• What is data & how can it affect property prices?

• What suburbs perform best & the types of suburbs that people are most highly engaged in.

• Top ten suburb lists & hotspotting - the dangers of data.

• Auction clearance rates, median price & how the data can be manipulated.

• Not all data is what it seems, there is some data to be wary of.

Links:
Nerida Conisbee - www.realestate.com.au

Past Episodes:
Stuart Wemyss - Episode 39
Anthony Millet - Episode 31